Page 16 - LatAmOil Week 05 2023

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global compared to the level in the first half of the
(NRG), in which the reader is invited to join month, according to data from Gas Infrastruc-
our team of international editors, who provide a ture Europe (GIE). In the January 19-25 period,
snapshot of some of the key issues affecting their average gas withdrawals in the EU reached
regional beats. We hope you will like NRG’s new 693mn cubic metres per year, according to GIE.
concise format, but by clicking on the headline
link for each section the full text will be available FSU OGM: Russia’s current account
as before. surplus falls $16bn in Q4 2022
The value of imports into Russia in the fourth
AfrOil: Reports surface of new Shell quarter of 2022 decreased at a slower pace year
discovery offshore Namibia on year, the Central Bank of Russia reported on
Shell (UK) has made a new discovery in the January 26. The positive change was driven by
Orange basin offshore Namibia, according to a the reorientation of imports to countries that
report from Upstream Online. Three informed had not introduced sanctions against Russia and
sources told the publication that the multi-na- by the expansion of parallel imports, the CBR
tional had found hydrocarbons in Jonker-1, a said in a report.
well drilled at Block 2913A.
GLNG: Third floating LNG terminal
AsianOil: Santos suffers further delays arrives in Germany
at Barossa project Germany received the Hoegh Gannet floating
Australia’s Santos has suffered more delays at its storage and regasification unit (FSRU) on Jan-
$3.6bn Barossa gas project in the country’s north, uary 20 at its Brunsbuettel Elbehafen port near
after a regulator instructed the company to assess Hamburg. The vessel is the third floating LNG
environmental risks to underwater indigenous terminal to start up in recent weeks as the coun-
cultural heritage before commencing pipeline try continues its shift away from Russian gas.
construction. Australia’s offshore regulator
announced the requirement on January 13. It MEOG: OQ outlines plans for Abraj IPO
follows a court order made in December, which Omani state oil firm OQ this week disclosed its
stated that Santos must consult indigenous peo- plans to sell up to 49% of its Abraj Energy Ser-
ple on the Tiwi Lands regarding the environ- vices drilling arm in an initial public offering
mental impact of the project’s drilling plan. on the Muscat Securities Market (MSX). Docu-
ments posted on the Abraj website said that the
DMEA: Uganda set to take refinery FID subscription period would begin in February
in June ahead of a March listing, with Bloomberg report-
Uganda’s planned 60,000 barrel per day (bpd) ing in September that such a move could raise up
refinery at Kabaale in Hoima district is expected to $500mn.
to begin production by 2025, pending a final
investment decision to be made in June. The NorthAmOil: Hess to focus in 2023 on
project is expected to cost around $4bn, but a Bakken shale play
more precise figure will be provided during the Hess will focus more than 80% of its $3.7bn cap-
decision-making process. ital and exploration budget in 2023 on a four-rig
drilling programme in the Bakken shale and on
EurOil: European gas withdrawals up development in Guyana. Net production in the
European gas consumers sharply increased Bakken is forecast to average 165,000-170,000
natural gas withdrawals from storage facilities barrels of oil equivalent per day (boepd), said
at the end of January, more than tripling them the New York-based independent. ™

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P16 www. NEWSBASE .com Week 05 01•February•2023